Bloomberg

Bloomberg's Michael Heath breaks down the strong rhetoric coming from both the US and Iranian side over the Strait of Hormuz closure, and discusses the likelihood of negotiations resuming.

Ford Motor Co.'s top electric vehicle executive whose arrival at the automaker was heralded as a "watershed moment" is leaving the company as part of a sweeping reorganization to merge its EV and manufacturing operations. Doug Field, 61, said Wednesday he's stepping down from his position as chief EV, digital and design officer to pursue undefined opportunities sharing what he's learned from his career at Ford, Apple Inc. and Tesla Inc. Ford said Field's duties will be assumed by Chief Operating Officer Kumar Galhotra. Bloomberg's Craig Trudell joins to discuss.

John Roberts, Mizuho Managing Director joins to discuss the supply chains in the global chemicals market continue to cause disruptions, a a volatile new cycle with cross-industry impact could be underway. Saying that everything in the synthetic world comes from the barrel of oil.

A group of Western finance ministers, said the Iran war has caused a regrettable loss of life and warned that a prolonged conflict risks derailing the global economy. The joint statement said that the growth and inflation impact will persist even if there was a lasting resolution to the conflict. "Renewed hostilities, a widening of the conflict or continued disruption in the Strait of Hormuz would pose serious additional risks to global energy security, supply chains, and economic and financial stability," the statement released by the UK government said. It marks the latest effort by Western countries to ramp up pressure on the US to end the war, which has dented their growth prospects and raised the threat of another jump in inflation.  Nicola Willis, New Zealand Finance Minister joined Bloomberg Businessweek Daily to discuss the impact of the War in Iran on the global economy and New Zealand's.

"AI that was on shaky ground at the start of the year, is back," says Beata Manthey, head of European equity strategy at Citi, as she explains why her firm has upgraded US stocks.

Bloomberg's Bruce Douglas discusses the recent developments in the private credit market, highlighting significant institutional activity. Pimco's purchase of $400 million in investment-grade private credit assets at a yield of approximately 6.5% signals renewed confidence. This contrasts with a larger $750 million bond deal by Goldman Sachs offering a lower spread of around 2.5% over Treasuries, reflecting different risk and liquidity profiles.

President Donald Trump says he'll fire Federal Reserve Chair Jerome Powell if he doesn't leave the post "in time." Trump made the comments in a Fox Business interview. But it's not clear if Trump can actually dismiss Powell. Bloomberg's Michael McKee explains.

Laurent Ramsey, Managing Partner of Pictet Group and Chairman of Pictet Asset Management, joins Caroline Hepker and Stephen Carroll on Bloomberg Radio to discuss the market outlook after weeks of geopolitical tension. He explains why long-term investing remains key, how wealthy clients are diversifying across regions, and whether Europe could benefit from shifting capital flows. The conversation also covers risks in private markets, the impact of AI on finance and cybersecurity threats.

Morgan Stanley's stock traders took in $5.15 billion in the first three months of the year, a 25% jump that came in ahead of expectations and boosted total trading revenue to $10.7 billion. Dani Burger reports on Bloomberg Television.

Bank of America Corp.'s traders notched the highest quarterly revenue in more than a decade, as revenue from equity trading climbed 30% to $2.8 billion in the first quarter. Fixed-income trading fell short of a consensus of analyst estimates. Dani Burger reports on Bloomberg Television